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Biden-Harris Administration Approves $1.2 Billion in Loan Forgiveness ...
$11.7 billion for 513,000 borrowers with a total and permanent disability. This includes providing automatic discharges off a data match with the Social Security Administration. $22.5 billion for 1.3 million borrowers through closed school discharges, borrower defense, and related court settlements.
How Millions of Borrowers Got $127 Billion in Student Loan Debt ...
Nov. 11, 2023. When the Supreme Court struck down President Biden’s $400 billion plan to forgive up to $20,000 in federal student loan debt for 43 million borrowers, the prospect of substantive...
Student Loan Debt: 2023 Statistics and Outlook - Investopedia
Key Takeaways. The total amount of outstanding student loan debt in the United States was $1.6 trillion as of Q4'23. Soaring college costs and pressure to compete in the job marketplace are big...
Student loan debt in America, in four charts - NBC News
Student debt is the largest consumer debt category after mortgages. Up to a third of borrowers could see their debts forgiven. Data from the Education Department shows that more than 45...
Biden-Harris Administration Announces Additional $4.9 Billion in ...
The Biden-Harris Administration announced today the approval of $4.9 billion in additional student loan debt relief for 73,600 borrowers. These discharges are the result of fixes made by the Administration to income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF).
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